Collapse of the Subprime Mortgage Market Shines Spotlight on Risk Management and RiskMetrics

The article is important because it relates to questions of high interest regarding how to respond to the need for more transparency and better governance in financial companies.

Implications: 1.Global Financial Markets - provision of risk management and corporate services by way of research. 2.Adequacy of data is imperative. 3.Appeal appears to be to benefits derived from a broadre market trend. 4.The PRIMARY focus - Corporate Governance Practices. A value - added proposition. 5.Research reports and analytical tools may hve to be revised as time progresses. 6.The ability...

This article is a very good brief about the RiskMetrics IPO, but doesn't attempt to broadly touch the many areas that are set to shine from recent events in the subprime mortgage market.